The web 1.0 and 2.0 way of thinking if we build the product, then we own the community.
The web 3.0 way of thinking is there are existing communities out there (BAYC, Punks, etc.) that we can enable to use our product and come into our space.
And this is already happening.
Their parties this last week in NYC for NFT week pretty much locked them as the model to strive for. I don't know if others can do it, but they've set the standard.
C'mon. This is very "rich nerds desperately trying to be cool", it's not an actual thing that normal people will ever care about. We already have status symbols that you can show off in the real world.
It seems to me that they need Twitter (and Discord, etc) way more than the other way around. No enabling required.
I disagree with the whole “value of ownership” thing. Making knock off nfts is trivial, so this relies on people caring enough about provenance to police this and shame people that have knock offs in their virtual environment.
Digital goods can be copied for free. It’s the killer feature of digital. No more scarcity!! Any system that fails to embrace this will be outcompeted long term. See the music industry.
Because the bullying at school for having non-brand clothing or things wasn't enough. You'll need Supreme(TM) nfts, or become a digital pariah?